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4 Old US Hwy 80

10,000 SF Speciality Building Offered at £3,154,700 in Tybee Island, GA 31328

Investment Highlights

  • Full service marine
  • Bubba Gumbo's restaurant operational since 1997
  • Located just 15 miles to historic Savannah and 17 miles to the Ga Ports Authority
  • 2000 linear feet of floating dock, expandable
  • Seafood Co-op offering fresh local seafood
  • 1 BR residential unit

Executive Summary

Since its inception in 2003, Tybee Island Marina has become a notable destination not only for its wet and dry slip options but also as the location of the renowned Bubba Gumbo's Restaurant, established in 1997. The eatery has earned recognition among the top 10 seafood establishments in the state of Georgia. Additionally, BG's Seafood Co-op can be found on the premises, providing patrons with the opportunity to purchase fresh seafood straight from the local waters. The owner has opted to remove the sale of the restaurant and the seafood market and make a substantial reduction in price. The new price includes the marina operation and property and is now priced at $3,950,000.
As Tybee Island's sole full-service marina, it features an impressive fuel capacity with 5,000 gallons each of diesel and marine fuel available, alongside its array of wet and dry slips. It encompasses over 2,000 feet of floating docks primed for further development, plus 68 dry slips. The facility also includes a cozy living space with one bedroom and one bathroom. The marina hosts a variety of businesses such as a kayak and a jet ski rental services. With a navigable clearance of 46 feet at low tide and 38 feet at high tide beneath the Lazaretto Creek bridge, the marina is strategically located — a mere 15 miles from the historic city of Savannah and 17 miles from the Georgia Ports Authority, renowned for being the third-largest shipping container port.

Property Facts

Price £3,154,700
Price Per SF £315
Sale Type Investment or Owner User
Property Type Speciality
Property Subtype Marina
Building Class C
Lot Size 5.20 AC
Building Size 10,000 SF
Number of Floors 1
Year Built 2010
Parking Ratio 7.2/1,000 SF

Amenities

  • Waterfront

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4002401005
Land Assessment
£228,225
Improvements Assessment
£86,319
Total Assessment
£314,544

zoning

Zoning Code MD (Maritime business district)
MD (Maritime business district)
  • Listing ID: 31728272

  • Date on Market: 07/05/2024

  • Last Updated:

  • Address: 4 Old US Hwy 80, Tybee Island, GA 31328

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